US President Donald Trump delivers a speech at the Great Hall of the People in Beijing last November. Trump’s “shock and awe” of US trade tariffs has produced little progress in the last few rounds of negotiations with China, nor have tariffs reduced the bilateral trade deficit for the US. Photo: Reuters

Opinion

Opinion

Macroscope by Earl Carr

Costs of a US-China break-up are too high for either to bear

Earl Carr and Li Qingsi say constructive engagement between the two nations goes back decades, and any damage to bilateral ties will hurt the global economy. Fundamental differences aside, the two must try to find common ground on core strategic interests

US President Donald Trump delivers a speech at the Great Hall of the People in Beijing last November. Trump’s “shock and awe” of US trade tariffs has produced little progress in the last few rounds of negotiations with China, nor have tariffs reduced the bilateral trade deficit for the US. Photo: Reuters